103, Al Majara Tower 2
Sold prices and rental history: sold once, by the developer in May 2008, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 103, Al Majara Tower 2
What is 103 worth today?
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Source: Dubai Land Department. Updated 1 June 2025.
Key facts
- Type
- 1-bed apartment
- Size
- 974 sqft
- Floor
- 1st of 31
- Parking
- 164
- Developer
- Emaar
- Completed
- 2006
- Service charge
- AED 14,700 /yr
- Last sold
- AED 842K · May 2008
- Building
- Al Majara Tower 2
About 103, Al Majara Tower 2
103 is a one-bedroom apartment of 974 sqft on the 1st floor of Al Majara Tower 2, a 31-storey tower in Dubai Marina completed in 2006 by Emaar. The developer sold it on 5 May 2008 for AED 842,000, or AED 864 per sqft, 78% above the AED 485 one-beds in the building were fetching at the time.
It has been rented continuously since 2013 on 9 Ejari contracts. The current contract, renewed on 1 June 2025, is AED 113,400 a year: a gross yield of 13.5% on the 2008 price, before the service charge of about AED 14,700 a year.
Sales and rents for 103 over time
103 has sold once; the dashed line is the one-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.
1-beds in Al Majara Tower 2, and where 103 sits
All 146 1-beds →103 last sold in May 2008 at AED 864 per sqft, 78% above what one-beds in Al Majara Tower 2 were fetching at the time (AED 485). Over the last 12 months one-beds sold for AED 1,600,000 to 2,125,000, around AED 2,044 per sqft, and rent for AED 82,000 to 135,000 a year. 103's AED 113,400 is in the upper half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 21 Jan 202621 January 2026 | 971 sqft | 2,125,000 | 2,188 | ||
| 16 Jan 202616 January 2026 | 842 sqft | 1,600,000 | 1,900 | ||
| 16 May 202516 May 2025 | 945 sqft | 2,100,000 | 2,222 | ||
| 15 Jan 202515 January 2025 | 945 sqft | 1,700,000 | 1,799 |
Al Majara Tower 2
Building246 apartments, 1-bed to 3-bed over 31 floors in Dubai Marina, completed in 2006 by Emaar. 4 sold in the last 12 months.
- Typical price per sqft
- AED 2,295
- Typical sale
- AED 3.14M
- Typical rent
- AED 125K /yr
- Typical yield
- 5.1%
Other units on the 1st floor
All 246 units in Al Majara Tower 2| ValueToday's value | |||||
|---|---|---|---|---|---|
| 101 | 1-bed | 971 sqft | AED 315KAED 314,900 · May 2010May 2010 | 115,000 /yr | |
| 102 | 2-bed | 1,579 sqft | AED 2.95MAED 2,950,000 · Feb 2024February 2024 | 103,000 /yr | |
| 104 | 2-bed | 1,408 sqft | AED 2.6MAED 2,600,000 · Jun 2023June 2023 | 100,359 /yr | |
| 105 | 1-bed | 841 sqft | AED 1.59MAED 1,585,000 · May 2024May 2024 | 105,000 /yr | |
| 106 | 1-bed | 920 sqft | AED 1.15MAED 1,150,000 · Feb 2018February 2018 | 89,250 /yr | |
| 107 | 1-bed | 786 sqft | AED 1.44MAED 1,440,000 · May 2008May 2008 | 80,000 /yr | |
| 108 | 1-bed | 1,303 sqft | AED 857KAED 856,800 · Mar 2016March 2016 | 130,000 /yr |
103, Al Majara Tower 2 in numbers
- Sold once: by Emaar on 5 May 2008 for AED 842,000, or AED 864 per sqft.
- Rented since August 2013 on 9 Ejari contracts, from AED 90,000 to AED 113,400 a year.
- At AED 113,400 a year the gross yield on the 2008 price is 13.5%, before a service charge of about AED 14,700 a year (AED 15.11 per sqft).
- One-beds in Al Majara Tower 2 sold for AED 1,600,000–2,125,000 in the 12 months to November 2026; the building's median across all types is AED 2,295 per sqft.
Source: Dubai Land Department. Updated 1 June 2025.
Questions about 103, Al Majara Tower 2
What did unit 103 last sell for?
AED 842,000 on 5 May 2008, sold by the developer: AED 864 per sqft for 974 sqft. It is the only registered sale of the unit.
What is the rent for unit 103?
AED 113,400 a year on the contract renewed on 1 June 2025. The previous contract, from June 2024, was AED 108,000; the unit has been rented since August 2013.
How big is unit 103?
974 sqft (90.5 sqm): a one-bedroom apartment on the 1st floor of a 31-storey tower completed in 2006.
What is unit 103 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Al Majara Tower 2 sold for AED 1,600,000 to 2,125,000 in the last 12 months, around AED 2,044 per sqft.
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Mortgage on 103, Al Majara Tower 2
Starts from the last sale price (AED 842K, 5 May 2008). Switch to today's estimate once you have unlocked it.- Price
- AED 842,000
- Deposit, UAE resident (20%)
- AED 168,400
- Deposit, non-resident (40%)
- AED 336,800
- Monthly over 25 years at 3.7%
- AED 3,445
Plus AED 40,374 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →